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of bankustomers are blowing their talk, with talk of a 10% tax on deposit the money, has a lot of angry customers storming the atm machines but the government has closed banks to avid a bank run, a keeping them close until they sort this out, but the tax is till coming. for cyprus it is about the cost of staying in the euro club, never mind how average i citizes there are getting club. but this is about taxing assets there. something with which we should all be very familiar here. no uncle sam has not hacked into our bank accounts -- yet, but he made a b-line for our other assets like next time we try to sell our home, and obamacare wants 3.8% of the profit for medicare tax. juss like it is tacking medical devices for what it deems exception atrogen -- generous healthy insurance policy. so what is such a big leap going from hitting you up for dollars off fur devices, and hitting you up for dollars off your deposits. none, i tell you cyprus is not isolated. i am telling you, cyprus is a test case, it is starting, it was not only liberal the world over watching. now big brother, everywhere salivati
by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did companies that make their profit did overseas, did he ever their payments, sometimes never pay them, and >> bill: that just encourages people to move their money or jobs offshore? >> it's an incentive. >> why should we be rewarding them for exporting jobs basically? >> what these corporate interests and wealthy americans do is hide spending in give them a check? we would is a no way. in the tax code, nobody is really examining that. >> bill: exact. >> special tax -- well, mortgage interest deductions for second homes. not just a first home. i will tell you, a big one is the fossil fuel subsidy. i am talking about oil an
significantly. has he lost leverage with republicans? what does that mean for whether your taxes are going up? >>> and stephen colbert talks about his sister running for office and is talking about being white racist of itself. a war of words over race in america tonight. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out
his own words. he says investments, and he means government spending. meanss revenue, and he taxes. he says dr. lincoln is in the library, and he means, "distract michelle. i'm going out for a smoke." remember, republicans agreed to raise taxes, and in exchange, we're supposed to be taking an ax to the budget. he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised t
the senate majority. >> president ronald reagan. >> principles. liberal. a sign of tax increase and pro- abortion law in california. ahead of his time. reagan was a liberal. >> president barack obama. clark's greatest president of the 21st century. >> a cold, remote, and deeply cynical. >> god. god is love. [applause] satan. >> satan is hate. the dark lord of good inte ntions. >> hugo chavez. e now.qaan's roommat [laughter] [indiscernible] [bell] >> that is the end. who is the winner? is it paul? son?t tucker carlon go back and read the papers. we want to thank each of these. i want to thank paul because it is a little more of an uphill climb. we are delighted to have you. thank you so much. i appreciate it. ♪ >> continuous coverage. rick perry.or mitt romney will a trust -- mitt romney will address the conference of this afternoon. ♪ >> god bless texas. god bless texas. thank you. they said you have to turn to the left. i said i do not go left well at all. it is a big honor to be asked to speak. i want to say thank you to those of you who have allowed me to come. for all of the bad
.ing a move that has -- considering a move with major implications all over the world. officials want to tax a percentage of every individual savings account and they would reach in the account and take the money. as you can imagine, the reaction has been fierce. senior foreign affairs correspondent greg greg palkot has the story tonight from london. >> the mediterranean island nation of cyprus is small but it rocks the global markets, including the u.s. because it's going to do the unthinkable. fund a near bankrupt government. at least the solution we went for is for sure not the one we would have liked. but under the circumstances, it was the least painful one. >> exchange for a bail-out from the european union and imf, cyprus wants a so-called tax of around 10% on account of $130,000 and over and 7% for the rest. exposure to invest in the greece and lax banking regulations are to blame. attracting foreign investors including russians. brussels and germany are seen by cypriates as the villain. >> we don't want germany here. we don't want them to help them at all. >> all of this is causing
of dollars of emergency crash and creditors impose onetime tax of 3% on all bank deposits under $130,000. >> going deep here. >> the tax could be closer to 10% on people who have over $640,000 in the bank. that's according to the "the wall street journal" this morning. people stood in long lines over the weekend to withdraw money before the policy went into effect and now russian president vladimir putin is calling the move, quote, unfair, unprofessional and dangerous. russian citizens make up the majority of billions of euros held in cypress bank. this is important. >> cypress. >> who cares about cyprus? >> come on, cyprus. are you telling me if somebody sneezes in cyprus we get a cold than on the nasdaq? >> tell us why. >> we have a cold on the nasdaq. the nasdaq is going down today. not too many people care about cyprus but a way the europeans have screwed up the bailout by getting the people to pay a part of the cost. you could have a run on the bank and europeans say why do i have my money in this bank? might be a tax on me next. it shows that europe is still a mess, that they h
years and will not raise taxes. how does he accomplish this? he doesn't spend what we don't have. here is how the congressman explained it earlier today. >> this budget cuts spending by 4.6 trillion dollars offer the next ten years. historically we've paid a little less than 1/5 of our income to the federal government, but the government has spent a lot more. we match revenues with expenditures, so the budget matches the spending with income just like every family and business must do throughout america. >> sean: to help us reach this balanced budget in ten years, congressman ryan lays out four major issue we as a country must tackle. first, energy. ryan's plan paves a path for affordable and american produced energy, most notably, the plan green lights the keystone pipeline to generate almost 140,000 jobs. second, health care, first and foremost the budget repeals obamacare and strengthsens the medicare system for future generations. third, welfare reform, changes made in 1996 by extended reforms to other programs. gives states flexibility so they can tailor programs like medicaid and
't the president, but the governor of california, and tax reform happened in that state. and it wasn't until later, ironically back in california, when ronald reagan as the president signed into raw the economic recovery -- into law the economic recovery act. real reform happened in the states. as was mentioned yesterday, there are now in america some 30 states that have republican governors and nearly as many that have republican legislatures. [applause] and so that's the good news. the good news is we have success, and it's happening in our states, and we can learn from that to tell our friends and our colleagues in washington how to move forward. because, you see, in the states to be successful we have to be optimistic. we have to be relevant. and most importantly, we have to be courageous. let me talk to you a little bit about each of those three things. you see, when it talks about being inspirational and optimistics, one of the things that's interesting is when i first ran for governor -- i have to say first because who would have thought i'd have to get elected twice in the same term -- [la
taxes and all the things that reflect what conservatism was and presumably ought to be but that isn't enough now. jack said today in reaction to lugar's defeated if we continue to move towards purity we will move to your relevance and along the way the country in effect is going to go down the tubes. that i think is a clarion call and you get the clarion call coming from people liked chuck hagel and the lugar and jack danforth not just from us that all to shake people about where we are and where we are going. and what we would hope has happened is with a degree of penetration that still put us from the "washington post" piece before the book is that all that credibility that we have built up would get out there and designate with people but this isn't just a couple people coming from one end of the spectrum saying it is all the fault of the people of the other end and this isn't 100% default of one party. there is plenty of blame to go around but this is the case of the system that's grown in this function as one party and has become an insurgent out lawyer. it means not to disappe
, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my take away was that. >> frank and candid are always interesting diplomatic code words when year overseas. thiser boehner in today's "the washington post." for all of washington's focus on the president's outreach to republicans, it's his engagement with members of his own party n that will determine whether we succeed dealing with the challenges facing our economy. the fact is there are folks on both side of the aisle that talk a good game on the idea of reforming medicare or doing something about social security, nobody wants to own the plan. they want to agree to it reluctantly to a plan brought up by the other side because here's another fact. medicare and social security are universally popular and even in a republican primary getting caught messing around with social security without a reason is bad politics. so any time you hear this from either side, the other side needs to lead, translation
washington times" -- there are no sacred cows that calls for $1 trillion in new taxes. what's your takeaway? guest: well, what it does is also call for substantial cuts, but it deals with deficit reduction in a balanced way. what the republicans want to do is do deficit reduction simply by cutting, cutting, cutting. doing away with medicare as we know it. right now converting that into a voucher system which we very, very onerous for senior citizens, making devastating cuts in medicaid which means that millions of millions of american people and kids will lose their health insurance. massive cuts in education, in nutrition. basically every program that in the middle of a terrible recession working people depend upon would be done away with. what my view is -- i think the senate agrees what the committee is moving toward is to say, wait a second, we are seeing a middle class collapse, poverty at a high rate while the wealthiest and corporations are doing extraordinarily well. we are looking at record breaking profits for corporations and yet their effective tax rate is the lowest since 1972.
, it results in unfair tax hikes on middle class americans and results in undue burden on middle class americans through the cuts envisioned. >> this republican budget once again makes an ideological, uncompromising approach to addressing that budget challenge. >> perhaps the best thing i can tell you about the republican budget is that here we go again. >> yesterday americans got their first look at this year's ryan republican budget. turns out it it looks like last year's ryan republican budget and it wasn't the only one. i wasn't the only one that said, gee-whiz, not again. >> sean: their fearless lead her -- their fearless leader demagogued so he they demagogued. why are you laughing? >> i'm laughing because these are what i'll call the jim jones democrats. these people are unbelievable with what they're talking about. let me throw a few facts on the table. the government accountability office that works for harry reid and obama, they say 125 billion dollars in estimated improper payments in the federal government? i've got another one of their reports, 510 billion dollars of dupli
. half through spending cuts and half through tax hikes. senator corker, let me start with you: will senate republicans accept a tax increase, if you get serious entitlement reform and cuts? >> well, i think senate republicans and all republicans want to see a 75-year solution to entitlements. and, i think republicans are joined in wanting to see tax reform. so, to the extent that generates revenues and how that is scored, obviously, that will be debated as we move ahead but i think all of us understand the real issue driving the deficits we have in or country, are the entitlements, and, that what is we want to see solved and we want to see these available for generations, generations to come. >> chris: but, quickly, you understand the price for entitlement reform in any deal would be a tax increase. would you buy that and what do you think the prospects is there will be a deal sometime before this summer? >> well, again, i think... i think, there, by the way, is a chance on a deal. i know the president is saying the right things, and we have an opportunity over the next four t
who is independent. the cpc wants a 49% federal income tax rate on top earners. they want half. and they don't want many deductions for those folks. also the congressional progressive caucus wants even more government spending. 2.5 trillion more, on, quote, job creation. another 2.2 trillion on things like science, energy, the environment and education. also the cpc does not want to cut entitlements. and, wants to give unemployed americans 99 weeks of cash compensation. nearly two years. the question is what does president obama think of the congressional progressive caucus? my opinion, he likes it i don't think the president believes that crew is fanatical because they want what he wants. by the way, the far left kooks do want to cut one thing, defense spending. they want to bring that back down to 2006 level. somewhere in iran is cheering. there comes a point when americans are going to have to decide what country, what kind of country they want. even taking half of what affluent americans earn, feds couldn't possibly afford what the far left wants to provide. so we would eve
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in this country. i just saw the statistics, something like 70%. and here in california, i'm just going to say, liberals, you could actually lose me. it's outrageous what we're paying. over -- i'm willing to pay my share, but yeah, it's ridiculous. >> and not only that -- >> wow. >> people like bill maher pay 55% in california, people in new york pay over 50%. in new jersey, why is a republican sitting at 70% plus appro
out and share that conservative message of liberty and less government and lower taxes and individual responsibility. it is time we all stop preaching to the choir. let's grow. [applause] america already has one party that is expert at pitting groups against one another. we will never win a contest of identity politics. ee have to believe in america xceptionalism that no one is guaranteed success the everyone is guaranteed an equal opportunity at success. [applause] the greatest lie that the liberals tell is that government is the way to realize this. there is a reason that washington d.c. is an island of prosperity and it's a nation mired. the more it picks winners and losers, the more crony capitalists win, the more the rest of us lose. whether it is clean energy or free obama phones or prophylactics -- if he did not have a team of lobbyists in dc you are not at the table. you are on the menu. [applause] if mrs. thatcher with us here today she would remind as there is a big difference between being pro-business and being pro-free market. it is time for we, the people, to break out o
't love racing taxes just for the sake of raising taxes. we do so in the service of creating a fairer tax code, funding investments for the future and in the service of a balanced approach to deficit reduction. if you take out the deficit reduction concerns and lord knows that any sort of inve investment spending right now is not going to pass muster with the house republicans, you're left with the fairness motive. a more just system would certainly be nice, does it offset the injustice of cutting benefits to folks who rely on social security? to scuttle a brand bargain deal, though, democrats need some sort of political cover. hmm. if only some republican would put out a really toxic, extreme, ideological plan that democrats could point to as continuing republican intransigence, they could walk away with not political consequence. you know, i think i know just the guy. all right. that does it for us here at "the cycle." martin bashir, all yours. >>> good afternoon, it's thursday march the 14th. who needs compromise on capitol hill when cpac is just a few miles up the road? >> was there a
overwhelmingly reject a tax on savings. >> in syria, the government and rebels trade accusations of using chemical weapons in a village near aleppo. >> pope francis officially begins his papacy in rome with a promise to embrace the whole of humanity. >> in a vote expected to have wide ranging consequences, lawmakers in cyprus have delivered a decisive and overwhelming note to a government tax to lead the bank accounts. >> that means government cash for pensions, welfare, and health care could dry up as early as may. parliament voted less than an hour ago, following to be would days of high drama, handing the government and brussels a resounding defeat with no delegates voting in favor of the plan. 36 no votes and 19 abstentions. >> the house speaker had urged mp's to say no to blackmail in the vote on the bureau's own bailout package. his words clearly catching the angry mood in the chambers and on the streets. outside the parliament building, angry crowds also called for a no vote and held up signs, warning that other nations like italy and spain could be next in line. for the latest, le
of social security tax are all slowing our progress to where we should be. >> michael: of course these companies would be hiring accountants now because they're making so much damn money because they're not paying enough wages to their workers. that's part and parcel of how it works. >> yes remember a fundamental tenant of the chicago school and i went to the chicago school is to get rid of unions, that means driving down wages. i just reported in my column in tax analysts, tax notes, if you take the average increase of income for the bottom 90% of americans from 1966 when lbj was president to 2011, it's $59. you measure that as one inch. the top ten percent line is 163 feet and the top 1% of the top percent. the mitt romney-bill gates crowd, five miles to one inch. >> michael: that's amazing. that's amazing. tell me, is this how things start? is there a reason to be optimistic? >> yes well, look, we got into this terrible situation because of three things. we had a president who said tax cuts will make everybody's income grow up. i have written and challenged the data, no, incom
. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. michigan's governor is not waiting any longer for a plan from the city government in a very dramatic move today he named the washington attorney kevin orosz to take over the city as emergency manager. the republican governor rick schneider is joining us with kevyn orr. thanks very much for joining us. >> great to be with you. >> thanks for inviting us. >> mr. orr, let me start with you. what are you going to do? you have about 18 months to try to get detroit's finances in order. >> wolf, the first thing is make an assessment if i can of enhancing city services to the citizens of detroit. i'm going to sit down with consultants and restructuring team that the governor has in place to try to prioritize what we need to do next based upo
's a serious blow to your budget -- like getting hit with a new tax coming right out of your pocket. over the past four years, as part of our all-of-the-above energy strategy, we've taken steps to soften that blow by making sure our cars use less gas. we've put in place the toughest fuel economy standards in our history so that by the middle of the next decade, our cars will go twice as far on a gallon of gas. over the life of a new car, the average family will save more than $8,000 at the pump. but the only way we're going to break this cycle of spiking gas prices for good is to shift our cars and trucks off of oil for good. that's why, in my state of the union address, i called on congress to set up an energy security trust to fund research into new technologies that will help us reach that goal. here's how it would work. much of our energy is drawn from lands and waters that we, the public, own together. so i'm proposing that we take some of our oil and gas revenues from public lands and put it towards research that will benefit the public, so that we can support american ingenuity wit
to affects our banking system. they had that choice. either that country defaults or they tax the banks and it is the russian money that is in there. >> let's say you have money in the caymen islands. >> oh, i do, greg. >> you probably do. and then all of a sudden the caymen islands decides they will take your money. isn't that an act of war? >> are you a dope for doing it. qaddafi did that. all of those people had the money. the libyan banks and qaddafi and your choice is to poke them in the chest and say give it back and he said no. that's the risk you take. you save on taxes and you put it in other countries, the risk is they will take your money. >> something out of this story that can anger people. given what happened in greece and cypress couldn't this happen to us in america? >> this could not happen to us in america. the idea it is russian money isn't true. it is a higher rate for those over100,000 euros. they are putting like 50,000 euros in cypress. the whole thing is enraging especially because the first story of i -- the first story i read,. >> i mean, my argument is it can
. thank god. >> irs. >> jesus loves tax collectors. that is why he accepted the hospitality of tax collectors. they called them publicans. >> if only the border patrol were as feared and effective. >> hispanic america. >> winnable. >> democrats, and gracias. >> chinese cyber attacks. >> democrats, and gracias. >> chinese cyber attacks. >> how can people be so stupid and not know why there are 6000 dead pigs floating through their river? how does that work? >> i would say more threatening than anything happening in the middle east. sorry. >> putin. >> evil, yet hilarious. [laughter] >> bush called him pooty poot. which is embarrassing. he is evil, but -- you have not seen the pictures. >> nra. >> does not represent most gun owners like me who are for president's obama's gun regulations. you have to deal with the reality. >> the only organization working to protect the constitutional right that "the new york times" hates. >> sequester. >> y2k of politics. it came and went, and no one noticed. >> it hasn't gone, and it is so incredibly dumb and it will hurt this country. a totally sel
in the unlikely, deep blue state of washington. talkingt door-to-door, about taxes and other items, and they flip them to a fiscally responsible majority, is. -- and they flipped them. the torch of liberty, the constitution in our country, will they perish or last? if we stand and speak for our principles, if we show americans our vision for the future, if we fight for freedom, our country will last. [applause] glasses with a powerful elite? the face ofnk in opposition? or will you stand boldly on principle? patriots, stand with us and fight for freedom, fight for our constitution, fight with us for the rights endowed by our creator, life, liberty, and the pursuit of happiness, fight for a better future, like ronald reagan did, like. paul, michele bachmann, scott walker. tea party patriots around this country do it every day. when you stand and fight, we will stand with you. when they fight on capitol hill, together, we will have their back. we will stand and fight for those who fight for us. fight for freedom. fight for a better future. fight. thank you so much. god bless you. god bless america.
years. while cutting taxes every year. i have dedicated much of my adult life to revolutionize our schools so that school serves children and parents. you must know this, all of our successes at the state level, and all of the work being done in the private sector can be undone if we continue to lose presidential elections. we will forfeit our ability to chart a better future for our republic. this would be tragic in every sense of the world. as you know, sam is the former ceo of ibm. probably the best ceo in america in the last decade. sam is also a fantastic human being. he's easy to talk to, but he is also a visionary and a true leader. he told me an amazing story. withs deeply involved assembling the team that created watson, a supercomputer that can understand natural language with all the ambiguities associated with human speech. watson can read through more than 200 pages of text to find an answer in less than three seconds. what you do when you have this kind of amazing capability at your fingertips? do you know what watson is doing today? it is saving lives. it is being us
in taxes. so, let's do the math here. leaving a deficit this year alone of $900 billion which will then be added to the nearly $17 trillion debt. democratic party doesn't seem to care. and liberal americans are putting all of us in danger by their inflexibility on the spending issue. republican senator tom coal berne indicates the senators could save almost 300 billion bucks a year simply by cutting out waste in duplicate programs. let's get very specific for you doubters out there. very specific. please consider these facts. am i being nice? the national institutes of health recently awarded $1.5 million to a boston hospital. to study why many lesbians are overweight and most gay men are not. the feds calling this a silg can't -- significant public health issue. are you kidding me? why am i paying for that? let the overweight lesbians go to weight watchers if they want to like everybody else. here is another one, nasa will spend close to $1 million. researching a quote, mars menu. recipes for food that could some day be served on the planet mars. here is a bulletin. money is
acts which enforced a heavy tax and banned indians from collecting or selling salt. gandhi and dozens of supporters set out for the coast where they planned to make their own salt from sea water. by the time they got there gandhi's followers numbered in the tens of thousands. his campaign of nonviolence civil disobedience auto would soon spread across the subcontinent. after 17 years britain finally granted india its independence. gandhi took a giant step towards freedom 83 years ago today. and now you know the news for this tuesday, march the 12th, 2013. or wednesday march the 13th here because it's past midnight but don't worry about it. when you get up tomorrow, it will be wednesday. unless -- i'm shepard smith. we will see you back here tomorrow or later today as we continue to watch for a new pope. our coverage begins at 4:30 in the morning eastern time. i dare you to get up with us. until then, good night. >> bill: the o'reilly factor is on. tonight. >> medicare and medicaid. >> bill: that is not a specific program. alan colmes back tonight and we will present some very specific
exec growth. there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster was about drones and also about much more. do we have a bill of rights? do we have a constitution? and will we defend it? [applause] >> within a few days, the president signed an extra $250 million to send to egypt. [booing] >> you know the country where attacked our embassy, burned our flag, and chanted "death to america," he found an extra $250 million to reward them. i say, not one penny more to countries that are burning our flag. >> the g.o.p. of old has grown stale and moss-covered. [applause] >> i don't think we need to name any names, do we? applause. >> our party is enculpberred by an inconsis
defense systems in place to protect us from icbm tax, but north korea, in particular, has recently made advances in its capabilities and has engaged in a series of irresponsible and reckless situations. specifically, north korea announced last month it has conducted its third nuclear test this appears to be a road mobile icbm. also, it is using the taepodong-2 missile, demonstrating progress in their development of long-range issile technology. in order to bolster the protection of our homeland and state ahead of this threat, we are taking four steps. first, we will strengthen the homeland missile defense by deploying 14 additional ground-based interceptors at fort greeley, alaska. that will increase the number of ground-based interceptors from 30 to 44, including the four gbi's at vandenberg base in alifornia. this is nearly a fifth to% increase in air missile capability. second, with the support of the japanese government, we are planning to deploy additional adar in japan. the second radar will provide improved tracking of any missile launched in north korea at the united states or j
is running a lavish white house. spending an incredible amount of tax money on himself. is that true? factor is coming right back. [ male announcer ] every day, thousands of people are choosing advil® for their headaches. my name is sunshine and i have three beautiful girls. i like taking advil® for a headache. it nips it in the bud. and i can be that mommy that i want to be. ♪ [ male announcer ] take action. take advil®. ♪ vo: to the elegant trim es in each and every piece, bold will make your reality a dream. earning loads of points. we'll leave that there. you got a weather balloon, with points? yes i did. [ man ] points i could use for just about anything. go. ♪ keep on going in this direction. take this bridge over here. there it i [ man ] so i used mineo get a whole new perspective. [ laughter ] [ male announcer ] earn points with the citi thankyou card and redeem them for just about anything. visit citi.com/thankyoucards to apply. and redeem them for just about anything. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances t
exempt from all local taxes from paying a 9.5% hotel tax. also they must be removed from surcharges and others to fund senior and youth programs. and he said he doesn't believe what they are asking for is fair. >> the people can afford those tickets, the little bit of price they have to pay, it is no big deal and the city should be able to reap the benefits of hosting the super bowl here. >> reporter: another contender is miami but they have not complied with demands. in 2010 they rejected the nfls request and we will have to wait and see on that. coming up, we will let you know why they think they will make up for that lost revenue in other ways. tara moriarty, ktvu channel 2 morning news. >>> all right, tara, pope frances has been officially installed in vatican city and is now vowing to serve the poorest and the weakest. this happened just hours ago. pope frances was presented with the fisherman's ring, before being installed, the st. peters square is not being sounded -- surrounded by bullet-proof vests and he stepped down to kiss the head of a disabled man in the crowd. >>> in
and the nfl is asking for its employees to be exempt from all local taxes and that would free members of the football team from paying a 9.5% hotel tax here in the bay area. one diehard fan said he does not think what the nfl is asking for is fair but he relishes having the super bowl here on home turf. >> reporter: now super bowl tickets will be here and one would have raised $29 million for senior programs. the city will also loose out and city leaders here say all could be made up and we did speak to them and they are expecting to find out why they asked for all of these requests. tara moriarty ktvu channel 2 morning news. >>> new details, a preschool in livermore was shut down following a series of allegations and it will not reopen any time soon. social services shut down the school on friday when they found two babies were swaddled too tightly. they also found one baby sleeping in a car seat and the other sleeping in a high chair. two employees are now banned from working at any state licensed childcare facility. >>> some counties may be sued for sending low-level offenders to c
all local taxes and that would free members of the football team from paying a 9.5% hotel tax here in the bay area. one diehard fan said he does not think what the nfl is asking for is fair but he relishes having the super bowl here on home turf. >> reporter: now super bowl tickets will be here and one would have raised $29 million for senior programs. the city will also loose out and city leaders here say all could be made up and we did speak to them and they are expecting to find out why they asked for all of these requests. tara moriarty ktvu channel 2 morning news. >>> new details, a preschool in livermore was shut down following a series of allegations and it will not reopen any time soon. social services shut down the school on friday when they found two babies were swaddled too tightly. they also found one baby sleeping in a car seat and the other sleeping in a high chair. two employees are now banned from working at any state licensed childcare facility. >>> some counties may be sued for sending low-level offenders to county jails instead
street. fortune 500 ceo's embrace his tax hikes while small businesses shutter their windows. we're for millionaires and billionaires? come on. don't tell me democrats are the ones looking out for working families. the only thing this administration's economic policies have accomplished when it comes to class is to insure that the poor stay poor. [applause] s and that the middle class lose their ability to become rich. and that the richest among us are forever insulated, forever insulated by a government that protects them from failure. ladies and gentlemen, never before has there been so little risk that rich could become poor, or that poor could become rich. don't tell me democrats are the party of compassion. if you ask me, the liberal idea of helping the poor was to lot more like fly paper than a safety net. [applause] we're concentrated on enabling dreams. they're focusing on managing expectations. don't come to me with that and tell me republicans out of ideas when the entire democratic agenda was done in the truman administration. we're in the days of ipad and they haven't
. i...i mean, you...love. . >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on t
that for the privilege of running the cars. >> paul: each consumer gets a tax credit that's $7500 if i go out and buy an electric car. the government's actually paying me something to buy this, also subsidizing the producers of those cars with subsidies. is that a good deal for taxpayers? >> no, fundamentally, you're paying $7500 or more for a benefit that's environmentally worth about $44. not a good deal. >> paul: that's not a good deal. if you really care about climate change and want to have an impact, what should you drive? does it matter? >> you should definitely drive a smaller car and focused on do i really need-- should i take public transport? what you need to recognize this is not about you or me or anyone else in particular what we're trying it do. it's about how we organize our societies and how do we get the chinese to drive in the next 20, 40 years and that's about technology. so i'm all for an electric car in the long run, but it's an electric car that's going to be much cheaper, much more efficient, we need much better batteries. so by all means let's focus on research on batteries,
are there, but nobody heeded them. this has long been a tax haven, a country whose banking sector is eight times the size of the economy. cyprus new what was happening in did not take action. now it is a country that is in severe crisis, and it could really set off a chain reaction across the eurozone. that said, it would be unlikely that the eurozone would let them drop out or a bailout that pales in comparison to the rest, but there will have to be a radical the calculus -- the calculation to try to stabilize the entire single currency -- a radical recalculation to try to stabilize the entire single currency. >> thank you. if you thought the euro crisis was over, it may be time to think again. let's go to syria where there is a confused picture over a potentially dangerous development tonight. the syrian government and rebels are accusing each other of launching a deadly chemical attack near the northern city of aleppo. state news claims that 25 people were killed by a rocket containing poisonous gases. the rebels denied the allegation. they are blaming the assad regime. russia supports
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